Spanish organisation Giants Gaming, known as Vodafone Giants through a naming rights deal, has acquired x6tence.
The acquisition follows on closely from Vodafone Giants raising €3 million (£2.7 million) in its latest funding round.
Vodafone Giants will integrate x6tence into its structure, onboarding the organisation’s managers and Counter-Strike: Global Offensive roster. The acquisition is said to be a “strategic movement that brings together in one company two of the most important emblems in Spain of the esports sector.”
José Ramón Díaz, CEO of Vodafone Giants, commented on the decision: “Giants Gaming has been consolidating an unprecedented market leadership position in recent years and we believe that it is time to make a change of pace and go a step further.